Back to CMA overview

CMA Comerica PE ratio, current and historical analysis

The PE ratio for Comerica stock stands at 9.25 as of Jun 14, 2024. This results from the current EPS of $5.06 and stock price of $46.82. An increase of 30% has been seen in the P/E ratio compared to the average of 7.1 of the last 4 quarters.

CMA PE ratio history

How has CMA's PE ratio performed in the past

Over the last ten years, the average PE ratio of Comerica has been 12.66. The current 9.25 PE ratio is 27% below the historical average. Over the past ten years, CMA's PE ratio was at its highest in the Dec 2016 quarter at 24.86, with a price of $68.11 and an EPS of $2.74. The Jun 2023 quarter recorded the bottom point at 4.39, with a price of $42.36 and an EPS of $9.66.

Average
12.66
Median
11.81
Minimum
4.39
Maximum
24.86

Comerica PE ratio by year

Maximum annual increase: 80.09% in 2020

Maximum annual decrease: -54.19% in 2018

Year PE ratio Change
2023 8.63 10.5%
2022 7.81 -24.17%
2021 10.3 -36.38%
2020 16.19 80.09%
2019 8.99 -4.36%
2018 9.4 -54.19%
2017 20.52 -17.46%
2016 24.86 74.09%
2015 14.28 0%
2014 14.28 -12.29%

CMA average PE ratio chart

What is the average PE ratio of CMA for the past years

CMA's current P/E ratio is above the 3 and 5-year historical averages, but it is below the 10-year average.

3-year avg
8.51
5-year avg
9.02
10-year avg
12.66
15-year avg
13.68

CMA PE vs peers

What is CMA's PE ratio compared to its peers

CMA's PE ratio is lower than its peer stocks JPM and BAC, but it is greater than ONB's. Comerica's current PE ratio of 9.25 is below the average of its peers, which is 11.83.

Stock name PE ratio Market cap
ONB Old National Bancorp 8.48 $5.03B
CMA Comerica Inc 9.25 $6.21B
RF Regions Financial Corp 10.14 $17.08B
WSBC Wesbanco Inc 10.88 $1.55B
HBAN Huntington Bancshares Inc 11.04 $17.93B
CFR Cullen/Frost Bankers Inc 11.23 $6.11B
JPM Jpmorgan Chase & Co 11.68 $556.47B
WFC Wells Fargo & Company 11.84 $200.11B
PNC Pnc Financial Services Group Inc 12.69 $60.12B
BAC Bank Of America Corp 13.44 $306.87B
KEY Keycorp 16.91 $12.6B

Frequently asked questions

What is Comerica's PE ratio?

As of Jun 14, 2024, CMA stock has a price to earnings ratio of 9.25.

What is the 3-year average PE ratio for Comerica (CMA)?

As an average over the last 3 years, CMA stock has a PE ratio of 8.51.

What is the 5-year average PE ratio for Comerica (CMA)?

As an average over the last 5 years, CMA stock has a PE ratio of 9.02.

What is the highest PE ratio for CMA?

Over the last ten years, the quarterly PE ratio reached a historic high of 24.86 in the Dec 2016 quarter.

How does the current PE ratio for CMA compare to its historical average?

CMA's price to earnings ratio is currently 27% below its 10-year historical average.

Why is Comerica's PE ratio so low?

CMA's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 9.25 is considered low.

How is CMA's PE ratio calculated (Comerica PE ratio formula)?

To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Jun 14, 2024), Comerica's stock price is $46.82. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $5.06. Therefore, Comerica's P/E ratio for today is 9.25. PE RATIO(9.25) = STOCK PRICE($46.82) / TTM EPS($5.06)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.